Three (+ one) great tips for entrepreneurs by Yoav Leitersdorf

There are many things in entrepreneurship that still remain the same after many years. In this case, we wanted to share the interview that Bambi Francisco from vator.tv did with Yoav Leitersdorf at Innovate!Europe conference, held in Zaragoza, Spain, some years ago.

It shares some great and simple to understand tips for new start-up entrepreneurs:

1. Get to revenue quickly
2. Raise as little capital as possible
3. Learn to be lucky (increase your opportunities to be lucky)
   

The one extra tip was, it’s OK to fail. European entrepreneurs seem to have VERY different viewpoint to failure. European failed entrepreneurs rarely continue as entrepreneurs and start something new, when in US the most successful entrepreneurs have failed in past. I think this is a VERY important lesson. Europeans should understand to value their biggest lesson that they get from their failure!

See the video for the full interview.

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This is an edited version of an post originally posted at the Grow VC Blog, by Valto Loikkanen. You are free to re-edit and repost this in your own blog or other use under Creative Commons Attribution 3.0 License terms, by giving credit with a link to www.startupcommons.org and the original post.